- Briefing on Commercial and Department of Defense Space System Requirements and Acquisition Practices, GAO-10-315R, January 14, 2010
- Department of Energy: Actions Needed to Develop High-Quality Cost Estimates for Construction and Environmental Cleanup Projects, GAO-10-199, January 14, 2010
- Tax Gap: Actions Needed to Address Noncompliance with S Corporation Tax Rules, GAO-10-195, December 15, 2009
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Daily Archives: January 14, 2010
CBO: Policies for Increasing Economic Growth and Employment in 2010 and 2011
Policies for Increasing Economic Growth and Employment in 2010 and 2011 – January 2010 “After the most severe recession since the 1930s, the U.S. economy appears to be recovering. Real (inflation adjusted) gross domestic product (GDP) grew during the third quarter of 2009, after having fallen 3.7 percent since the recession began in the fourth… Continue Reading
Financial Crisis Inquiry Commission Hearings – Day Two
First Public Hearing of the Financial Crisis Inquiry Commission Day 2, January 14, 2010. Panel 1: Current Investigations into the Financial Crisis Federal Officials. Panel 2: Current Investigations into the Financial Crisis State and Local Officials. Related postings on financial system New York Times: “The need for tighter federal regulation was the dominant… Continue Reading
CBO's Budgetary Treatment of Fannie Mae and Freddie Mac
CBO’s Budgetary Treatment of Fannie Mae and Freddie Mac, January 2010 – Background Paper “After the U.S. government assumed control in 2008 of Fannie Mae and Freddie Mactwo federally chartered institutions that provide credit guarantees for almost half of the outstanding residential mortgages in the United Statesthe Congressional Budget Office (CBO) concluded that the institutions… Continue Reading
Report: Riding Public Transit Saves Individuals $9,242 Annually
News release: “Individuals who ride public transportation can save on average $9,242 annually based on the January 11, 2010 national average gas price and the national unreserved monthly parking rate. Compared to last year at this time, the average cost per gallon of gas was $1.79 which is nearly $1 less than the current price… Continue Reading
Federal Reserve approves final rules to protect credit card users from a number of costly practices
News release: “The Federal Reserve Board on Tuesday approved a final rule amending Regulation Z (Truth in Lending) to protect consumers who use credit cards from a number of costly practices. Credit card issuers must comply with most aspects of the rule beginning on February 22. “This rule marks an important milestone in the Federal… Continue Reading
